£407,406
This estimated value is based upon the latest sale price for the house of £233,995 on 3 Dec 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£233,995 | 3 Dec 2009 |
Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in December 2009 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £233,995 results in an estimated price of approximately £407,406.
3 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £233,995 | £173,411 | £407,406 |
The Postcode Pricing Model uses changes in average sales price within the LE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 61.849 % | £144,723 | £378,718 |
3 Month Average | 68.158 % | £159,486 | £393,481 |
6 Month Average | 62.155 % | £145,439 | £379,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £377,072 | £367,500 | 4 BREACH LANE |
3 Nov 2023 | £415,548 | £405,000 | 16 MASEFIELD PLACE |
15 Sep 2023 | £174,855 | £171,000 | 8 MASEFIELD DRIVE |
23 Jun 2023 | £321,442 | £315,000 | 4 OAKLANDS WAY |
30 Jan 2023 | £225,603 | £225,000 | 29 OAKLANDS WAY |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 29 Jul 2009. Using an estimated price of £407,406 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on MASEFIELD DRIVE is 132 sq meters (1,422 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masefield Drive |
May 2024 | Anti-social behaviour | On or near Masefield Drive | |
May 2024 | Anti-social behaviour | On or near Masefield Drive | |
May 2024 | Public order | Unable to prosecute suspect | On or near Masefield Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masefield Drive |